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May 18, 2012
05/12
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mark zuckerberg, instantly wealthy. the 29th most wealthy person in the world, surpassing the google founders. 503 million shares. facebook is not yet trading. typically you see the ipo " live around 8:00 a.m.. clearly wall street is very interested in this story. yahoo also provided a big surge after all things digital reported. could be worth several billion dollars for yahoo which could then use that money to buy back shares and help their stocks rally which has languished for several years. also h-p, sun reports yesterday laid off between 25,035 thousand employees. the stock market reacted somewhat positively to that news as hewlett-packard is pretty flat right now. the market itself right now, the facebook anticipation driving it a little bit of a huge concerns in europe that are straining that. right now the dow up by 16 points. the nasdaq down by one and the s&p up by three. a couple of companies reporting earnings. yahoo right now gaining 5%. back to you guys. >> have a great weekend. >> the social media giant f
mark zuckerberg, instantly wealthy. the 29th most wealthy person in the world, surpassing the google founders. 503 million shares. facebook is not yet trading. typically you see the ipo " live around 8:00 a.m.. clearly wall street is very interested in this story. yahoo also provided a big surge after all things digital reported. could be worth several billion dollars for yahoo which could then use that money to buy back shares and help their stocks rally which has languished for several...
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May 17, 2012
05/12
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seo mark zuckerberg will bring the opening bell tomorrow from the menlo park headquarters. i know a lot of people that don't even buy stock wants to get this. companies are selling one share and it will from it for about $40. it is a legitimate share that even put on your wall. >> and it will be a piece of history. >> it is 6:10 a.m., in legal troubles for google. what is missing from their map that has i ran out rich? >> how a cycling thief came face to face with a little bit of karma, coming up. >> ♪ ,,,,,,,,,,,, >> ♪ ,,,,,,,,,,,, at bank of america, we're lending and investing in the people and communities who call the bay area home. from funding that helped a local entrepreneur start a business... to providing grants to a nonprofit which offers job training and placement... and supporting an organization working to help the environment. because the more we do in the bay area, the more we help make opportunity possible. >> here's a look at today's top stories. a san jose man recovering after being found unconscious along highway 101. he was located one week after he
seo mark zuckerberg will bring the opening bell tomorrow from the menlo park headquarters. i know a lot of people that don't even buy stock wants to get this. companies are selling one share and it will from it for about $40. it is a legitimate share that even put on your wall. >> and it will be a piece of history. >> it is 6:10 a.m., in legal troubles for google. what is missing from their map that has i ran out rich? >> how a cycling thief came face to face with a little bit...
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Jul 26, 2012
07/12
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facebook founder mark zuckerberg will hold a conference call to disclose numbers. earnings are expected to be 12¢ per share. stock in the gaming company is in the it plunged after it came out with the second quarter report. that is despite a jump inactive users from one year ago. it also lowered its expectations for the rest of the year. >> another check of traffic and weather. >> >> today we are actually getting some drizzle to go along with low clouds and fog. otherwise we're looking at a decent day ahead as it looks like today we will bottom out but by the afternoon the numbers will be ok. right now, fifties and low 60s. in the afternoon these temperatures will probably stay fairly mild for this time of year. today they will be two-nine degrees below average. 78 in concord, 64 in breezy in san francisco. >> we will get you a look at conditions of the bay bridge into san francisco. one of our mobile units just exited off the skyway and so far things look good in san francisco out of oakland. no trouble along the city's streets. westbound 580 is one of the slow s
facebook founder mark zuckerberg will hold a conference call to disclose numbers. earnings are expected to be 12¢ per share. stock in the gaming company is in the it plunged after it came out with the second quarter report. that is despite a jump inactive users from one year ago. it also lowered its expectations for the rest of the year. >> another check of traffic and weather. >> >> today we are actually getting some drizzle to go along with low clouds and fog. otherwise...
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Mar 6, 2012
03/12
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zuckerberg. >> he is not going to budge. >> it will take mark zuckerberg to get me to get a facebook page. [ laughter ] >>> we have a live shot from blue canyon. the snow really coming down up there. winter weather advisories at 5,000 feet. probably going to see another 7" of snow above 7,000 feet. so yeah, the snow really coming down up there and you need chains not the best day to get up there and ski. cold front swinging through today so we have scattered showers in the bay area. the roads a little slick. looks like that's tapering off already pushing to the south bay but behind that we have already begun to pick up winds and wind advisories going up at noon today looking for gusts maybe 45, 55 miles per hour. it's going to be blustery around the bay area. highs today only in the 50s outside. let's check the roads with elizabeth. >> thanks, lawrence. we have had a bunch of new wind advisories issued in the last half hour. in marin we have ones for the bay bridge, san mateo bridge, benicia bridge and the dumbarton bridge. so you can see our camera moving a little bit this morning.
zuckerberg. >> he is not going to budge. >> it will take mark zuckerberg to get me to get a facebook page. [ laughter ] >>> we have a live shot from blue canyon. the snow really coming down up there. winter weather advisories at 5,000 feet. probably going to see another 7" of snow above 7,000 feet. so yeah, the snow really coming down up there and you need chains not the best day to get up there and ski. cold front swinging through today so we have scattered showers in...
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May 10, 2012
05/12
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the mark zuckerberg no show appearances. >> it is not unusual for companies to try to lure talented but this morning and entire state is trying to recruit bay area talent. >> the market opened up 10 minutes ago, let's check on the early numbers. a better day to day with,,,,,, >> take a look at this. parts of arizona recovering from a powerful dust storm. the wild weather hit the area yesterday, creating havoc with air quality, travel, and outdoor events. the state even warned drivers to take extra precaution because of limited or zero visibility. to southwest airlines flights had to be delayed. you can see the people hanging on for dear life. >> that would have ruined bicycle to work day. >> thank goodness we have good weather. >> no kidding. just for the record, my car is downstairs because ito did in the high my bike. that is why it took forever to get here. >> we're starting out with mostly clear skies, a couple patches of fog along the coastline, is the outside as well. the cloud cover will dissipate in the afternoon. lots of sunshine and warm england this weekend. high pressure beg
the mark zuckerberg no show appearances. >> it is not unusual for companies to try to lure talented but this morning and entire state is trying to recruit bay area talent. >> the market opened up 10 minutes ago, let's check on the early numbers. a better day to day with,,,,,, >> take a look at this. parts of arizona recovering from a powerful dust storm. the wild weather hit the area yesterday, creating havoc with air quality, travel, and outdoor events. the state even warned...
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May 8, 2012
05/12
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where mark zuckerberg talks about the mission of the company which he says is to make the world more open and connected. the video is available to anyone that can go on line and is getting buzz among people who are interested in investing in facebook. but the big investors are less impressed with this video. we spoke to the chief executive of a data provider co. for a privately owned company and he says the road show video is pretty light on details. >> you really do not anything about numbers, the financials, the future of the business, how strong it is, how are they going to make money in the future? it is almost like a look back feel good video that makes it a tug at your heart strings and to feel good about facebook and how it got started in a dorm room and got to the present. >> the road show will travelzoo other cities before the initial public offering which is expected to be next friday. that is a list from silicon valley. back to you guys. >> is going to make some people very rich. thank you. >> not me, but it would be nice to sneak in with that ipo. it is 6:40 a.m., >> but
where mark zuckerberg talks about the mission of the company which he says is to make the world more open and connected. the video is available to anyone that can go on line and is getting buzz among people who are interested in investing in facebook. but the big investors are less impressed with this video. we spoke to the chief executive of a data provider co. for a privately owned company and he says the road show video is pretty light on details. >> you really do not anything about...
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Jan 30, 2012
01/12
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>> reporter: mark zuckerberg is the founder of facebook, 27 years old. we don't know how much he makes but his estimated worth is about 17.5 billion dollars. depending how much facebook is actually worth and how much they make in the ipo, that could go to $20 billion. >> everyone is on facebook i think for my parents and lawrence karnow, lisa. >> and my mom. [ laughter ] >> much more on facebook's ip on the and what it means for the company coming up at 7 a.m. on "cbs this morning." >>> the metering lights are on at the bay bridge. >> it's getting busy. metering lights were turned on a little while ago so crowded. they just turned them on in the last 10 minutes. live look at the bay bridge on the upper deck, everything is moving fine this morning. southbound 880 they just cleared an accidentful i didn't have time to change this but two lanes were blocked for a while. coming out of downtown, in those northbound lanes of 280, it's sluggish. altamont pass, we have brake lights from the wind turbines through livermore and the dublin-pleasanton area. it's 23-
>> reporter: mark zuckerberg is the founder of facebook, 27 years old. we don't know how much he makes but his estimated worth is about 17.5 billion dollars. depending how much facebook is actually worth and how much they make in the ipo, that could go to $20 billion. >> everyone is on facebook i think for my parents and lawrence karnow, lisa. >> and my mom. [ laughter ] >> much more on facebook's ip on the and what it means for the company coming up at 7 a.m. on...
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Dec 27, 2012
12/12
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mark zuckerberg's oldest sister says a photo she thought was private was tweeted by a woman she doesn't know. it turns out that woman is friends with another one of zuckerberg's sisters, who was tagged in the photo. well, in a tweet, sister randi zuckerberg wrote, the problem was more about human decency. hm. >>> a new law goes into effect january 1 making it illegal for employers to demand passwords to employees' social media accounts. governor brown says the new law protects from unwarranted invasion. a similar law goes into effect in illinois. >>> fewer americans are getting screened for cancer. researchers found the number who underwent preventative screenings in the last decade went down. the study found people were not getting screened as much for breast, cervical and prostate cancer as often as the government says you should. this may be linked to rising health insurance costs and different opinions about government guidelines. >>> researchers say an mri is often an effective way to screen for alzheimer's disease. a new study from the university of pennsylvania found the test was
mark zuckerberg's oldest sister says a photo she thought was private was tweeted by a woman she doesn't know. it turns out that woman is friends with another one of zuckerberg's sisters, who was tagged in the photo. well, in a tweet, sister randi zuckerberg wrote, the problem was more about human decency. hm. >>> a new law goes into effect january 1 making it illegal for employers to demand passwords to employees' social media accounts. governor brown says the new law protects from...
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Sep 6, 2012
09/12
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another solid day for facebook, shares gained 3% after a 5% gain yesterday when it was disclosed that mark zuckerberg will not sell any of his shares for at least another year. >> >> i think it will be an interesting day, we already have thunderstorms in the san jose area. some showers and thunderstorms have moved through. doppler radar is picking up some of that moisture right now. you can watch as it moves on through, a couple of lightning strikes over the past hour or so. don't be surprised if you get caught in brief downpour with the system sliding by but it moves out in a hurry. a lot of tropical moisture is sliding across the sky so there is a chance we could have a few more scattered showers or thunderstorms. more sunshine in the weekend in things settling down. temperatures in the afternoon, sunshine and clouds in the '80s in lynch. '50s and '60s out to the coast. warmer temperatures to start off the weekend and then cooling down sunday into monday. >> let's go back to fremont where we are following a couple of accidents in the same area around thornton ave. everything has been cle
another solid day for facebook, shares gained 3% after a 5% gain yesterday when it was disclosed that mark zuckerberg will not sell any of his shares for at least another year. >> >> i think it will be an interesting day, we already have thunderstorms in the san jose area. some showers and thunderstorms have moved through. doppler radar is picking up some of that moisture right now. you can watch as it moves on through, a couple of lightning strikes over the past hour or so. don't...
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Sep 20, 2012
09/12
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mark zuckerberg ceo of facebook fell from 14th to 36 place but he is still in pretty good shape. california had the biggest decreases as the number of new jobless claims dropped slightly >> to silicon valley companies, let's check in with jason brooks >> some good news on the local front when it comes to the jobs market. samsung says it will build two new facilities at its current location in mountain view. that could add about 1500 new employees. another 2600 employees could be added that new spaces in sunnyvale. that is good news because the overall job market is not looking back great. the labor department reports that first-time claims were down but still elevated. the four week average increase for the fifth straight week at a three month high. the market is live moving lower on manufacturing news. >> a new report shows thousands of kidney donations are being tossed without being used for transplant operations in the u.s.. according to the n.y. times new data shows more than 2600 kidneys end up in a lab or a medical waste container over the last five years. doctors are blami
mark zuckerberg ceo of facebook fell from 14th to 36 place but he is still in pretty good shape. california had the biggest decreases as the number of new jobless claims dropped slightly >> to silicon valley companies, let's check in with jason brooks >> some good news on the local front when it comes to the jobs market. samsung says it will build two new facilities at its current location in mountain view. that could add about 1500 new employees. another 2600 employees could be...
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May 14, 2012
05/12
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the chief executive mark zuckerberg turns 28 today and on friday the company is expected to start selling stock to the public for the very first time. the ipo could value facebook at nearly $100 billion. at 28, zuckerberg is half the age of the average s&p 500 ceo. >> today gov. jerry brown will officially deliver the bad news about to revise state budget >> we're now facing a $16 billion hole, not the $9 billion we thought in january. >> the governor blames the deficit on higher tax revenues, lower tax revenues. he says cuts to education and public safety are not acceptable. republicans have reacted to the governors' appeal by saying there must be more cuts. protests are planned against pg&e outside the company's headquarters. >> it is expected to be a busy morning here at pg&e headquarters as you mentioned. they will have the annual shareholders' meeting and protesters are expected to be here as well as a politician who will be introducing new legislation. it is their annual shareholders meeting, the first for the new ceo. it is expected to be met with unhappy customers and at the same
the chief executive mark zuckerberg turns 28 today and on friday the company is expected to start selling stock to the public for the very first time. the ipo could value facebook at nearly $100 billion. at 28, zuckerberg is half the age of the average s&p 500 ceo. >> today gov. jerry brown will officially deliver the bad news about to revise state budget >> we're now facing a $16 billion hole, not the $9 billion we thought in january. >> the governor blames the deficit on...
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May 9, 2012
05/12
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. >> financial analyst nitpicking the fashion choices of the facebook founder mark zuckerberg at next week's public offering. some say that his signature hoodie shows a sign of immaturity. he wore one when he met with investors monday and was a no show at another investor presentations yesterday. well posting facebook photos and using twitter is like candy for your brain according to a harvard study. researchers say the act of sharing personal information on social media sites mimics the same pleasure that you get from eating food or having sex. some test subjects turn down money in order to keep talking about themselves. >> teenagers often spend hundreds of dollars hoping to make their prom night perfect. >> if you these pictures made facebook, i am sure. things don't always go as planned. these teenagers dressed up with expensive clothing when they decided to pose for a photograph on a wooden pier. >> they got on and fell in. apparently there was one too many people on that pier. these are the after photos as they're getting out of the water. after harris trying, they finally were a
. >> financial analyst nitpicking the fashion choices of the facebook founder mark zuckerberg at next week's public offering. some say that his signature hoodie shows a sign of immaturity. he wore one when he met with investors monday and was a no show at another investor presentations yesterday. well posting facebook photos and using twitter is like candy for your brain according to a harvard study. researchers say the act of sharing personal information on social media sites mimics the...
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Feb 2, 2012
02/12
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the company has 845 million users and in a key area, founder mark zuckerberg will retain voting control through the structure of the ipo. he will have 57% control over voting so he will have the final say over the company's future for the time being. the key is how much value will be placed on facebook, anywhere from $75 billion to $100 billion. a look at the january jobs picture before the report comes out tomorrow, unemployment claims fell past week by 12,000 down to 367,000. that should say down 12,000. and the four-week average coming in at 375,000. >>> also worker productivity slowing down in the 4th quarter to .7% growth, that could indicate that employers will need to expand hiring in order to pump up productivity going forward. stock market fairly flat at the open. right now the dow is losing 4 points while the nasdaq is up by 5. s&p gaining a fraction. good day for san francisco- based gap. its shares are up 9.5% this morning. its sales fell 4% across the three chains in january. that was about a percent better than expected. banana republic had a good january, sales up by 6%.
the company has 845 million users and in a key area, founder mark zuckerberg will retain voting control through the structure of the ipo. he will have 57% control over voting so he will have the final say over the company's future for the time being. the key is how much value will be placed on facebook, anywhere from $75 billion to $100 billion. a look at the january jobs picture before the report comes out tomorrow, unemployment claims fell past week by 12,000 down to 367,000. that should say...
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Feb 1, 2012
02/12
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now, mark zuckerberg who founded facebook after it goes public, he could be worth more than $20 billion. back to you. >> what's a couple of billion between friends, right? [ laughter ] >> reporter: exactly. >> all right, gil. >> if only they would share. >> live in menlo park, thanks, gil. >>> lanes blocked on highway 12. let's check in with elizabeth. >> there was a person reportedly trapped inside a vehicle but sounds like the situation has been somewhat resolved. they called out a tow crew so looks like they are in the clearing stages now. but, of course, this was an injury accident. we're not sure how bad the injuries are. they issued a traffic alert. westbound 12 the accident just east of red top road. so we're continuing to watch that one until it's completely cleared. in the meantime, this is a live look for the silicon valley commute. 880/237 so far looking good. give it another half hour or so and that's usually when we start to see some brake lights and slowing around the bend heading off 880. now, be extra careful etch in the on- and off-ramps. we have seen numerous little fe
now, mark zuckerberg who founded facebook after it goes public, he could be worth more than $20 billion. back to you. >> what's a couple of billion between friends, right? [ laughter ] >> reporter: exactly. >> all right, gil. >> if only they would share. >> live in menlo park, thanks, gil. >>> lanes blocked on highway 12. let's check in with elizabeth. >> there was a person reportedly trapped inside a vehicle but sounds like the situation has been...
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Oct 4, 2012
10/12
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if you saw the social network, remember that scene where shawn park wares telling mark zuckerberg what's cooler than one million is it a billion. that's how many users facebook has now. the company isn't saying how many access it mobley where it's continuing to have a struggle and trying to make revenue from advertising but nevertheless one billion is a sizabl benchmark. the stock is up about 1.25% just over $22. the economy in view today. weekly jobless claims jumping 4,000 to 367,000, four-week average flat at 375,000 indicating that hiring is still tepid. we get the september jobs report tomorrow. critical report and expecting a gain of over 100,000 jobs by the economy, just not enough. retailers posting decent numbers for september heading closer to the holiday shopping season. couple of bay area retailers doing well, gap sales across three chains up 6% and ross was up 5%. let's check the markets. dow is gaining 40 points. nasdaq heading higher by 3. s&p up by 5. another rough day for hewlett-packard. its shares down by 3.5%. yesterday they dove 13% after ceo meg whitman told analyst
if you saw the social network, remember that scene where shawn park wares telling mark zuckerberg what's cooler than one million is it a billion. that's how many users facebook has now. the company isn't saying how many access it mobley where it's continuing to have a struggle and trying to make revenue from advertising but nevertheless one billion is a sizabl benchmark. the stock is up about 1.25% just over $22. the economy in view today. weekly jobless claims jumping 4,000 to 367,000,...
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Dec 19, 2012
12/12
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. >>> one bay area charity just got a huge gift from facebook founder mark zuckerberg. he donated half a billion dollars worth of stock to the silicon valley community foundation. the mountain view nonprofit focuses on health and education. in a statement, a spokesman said the gift will change lives and inspire others to give back. >>> one little florida girl may be getting coal in her christmas stocking and here's why. neighbors say the 8-year-old has been stealing holiday packages from their doorsteps. they have the video to prove it. there she goes. and there goes the package. residents in one florida neighborhood set up a sting after they noticed several of their packages missing. they included barbie dolls and children's makeup and things 8- year-olds like. police plan to present the case to the juvenile authorities. >>> and in the spirit of the christmas season one man it trying to make amends for a grinch like deed he did 30 years ago. an anonymous man wrote a letter to california mart saying he stole $200 in merchandise from a cincinnati store three decades ago.
. >>> one bay area charity just got a huge gift from facebook founder mark zuckerberg. he donated half a billion dollars worth of stock to the silicon valley community foundation. the mountain view nonprofit focuses on health and education. in a statement, a spokesman said the gift will change lives and inspire others to give back. >>> one little florida girl may be getting coal in her christmas stocking and here's why. neighbors say the 8-year-old has been stealing holiday...